China

Asia’s Crypto Trading Boom Collapses, but Profits Remain

4 months ago kakp2 Comments Off on Asia’s Crypto Trading Boom Collapses, but Profits Remain
At the point when China shut its digital currency trades before the end of last year, an underground system of bitcoin mules and shared stages jumped up to permit bitcoin exchanging to flourish, far from controllers’ careful gazes. Li, a Canada-based Chinese investor in his 20s, is one of these underground brokers. He purchases digital Read More

BitPay Raises $40M in Series B Funding for Asian Expansion

4 months ago kakp2 Comments Off on BitPay Raises $40M in Series B Funding for Asian Expansion
BitPay, a blockchain installments organization, shut a Series B of $40 million, the organization reported. The money, as beforehand said by the startup, will go towards extending its global tasks. The principal stop for this extension will be Asia. BitPay named either Hong Kong or Singapore as its next potential market, as detailed by Recode. Read More

Traditional Markets Start Off Q2 With Record Low, Crypto Markets See Slight Growth

4 months ago kakp2 Comments Off on Traditional Markets Start Off Q2 With Record Low, Crypto Markets See Slight Growth
The end of the first quarter of 2018 saw not only poor performances in the crypto market – which lost around 50 percent of total market cap – but also a poor second quarter start for the traditional markets, with the S&P 500 Index’s slump of 2.2 percent Monday, April 2 marking the lowest April Read More

China To Develop Its Own Cryptocurrency

4 months ago kakp2 Comments Off on China To Develop Its Own Cryptocurrency
In line with a strategy for ensuring that the value of its currency is protected against mainstream cryptocurrencies including Bitcoin (BTC), Ripple (XRP) and Ethereum (ETH), the Chinese Central Bank (CCB) has hinted that it plans to develop a digital currency, under its own control and regulation, according to an announcement on its website. In Read More

World Leader Cryptocurrency Companies Start to Leave Asia

4 months ago kakp2 Comments Off on World Leader Cryptocurrency Companies Start to Leave Asia
A great deal of things is going on behind the scene in the cryptographic money industry. Starting at the present moment, it appears a reasonable couple of organizations are moving from Asia. Given the blended administrative scene in that piece of the world, such changes are normal. All things considered, it appears Europe is rapidly Read More

ALLN Walking Into Life for Bringing Various Applications

5 months ago kakp2 Comments Off on ALLN Walking Into Life for Bringing Various Applications
Bitcoin Press Release: Cryptocurrency is a technological innovation in recent years. At present, the world’s aviation industry accepting cryptocurrency is one of the few. Huafu Enterprise Holdings Limited (hereinafter referred to as the issuer) strategically cooperate with Far Eastern Airline, recruiting the most advanced technical team dedicated to create cryptocurrency and announce that Airline and Life Read More

China Filed The Most Blockchain Patents In 2017

5 months ago kakp2 Comments Off on China Filed The Most Blockchain Patents In 2017
The most patent filings for Blockchain technology to the World Intellectual Property Organization (WIPO) in 2017 came from China, Financial Times reports March 25. Data collected by Thomson Reuters from the international patent organization show that over half of the 406 patents in 2017 were from China: the country filed 225 Blockchain patents, followed by Read More

Binance Moves its Headquarters to Malta for a More Crypto-Friendly Legislation

5 months ago kakp2 Comments Off on Binance Moves its Headquarters to Malta for a More Crypto-Friendly Legislation
One of the quickest developing crypto trades over the previous year, Binance, declared on its official blog its goal to move tasks to the European island of Malta. This choice comes after the troubles experienced to work under the conditions forced by the Japanese government. Three weeks prior, the Asian daily paper Nikkei announced that Read More

Tokens Continue to Infiltrate the Asian Crypto Economy

5 months ago kakp2 Comments Off on Tokens Continue to Infiltrate the Asian Crypto Economy
At the Token 2049 meeting in Hong Kong, Asia’s dynamic market for digital forms of money and ICOs took the spotlight. Far East merchants in crypto resources have been forced to bear serious direction, but then the area seems resolute – in any event, that is if the Token 2049 Hong Kong meeting is any Read More

Chinese Investors Still Participate in ICOs Despite Ban

5 months ago kakp2 Comments Off on Chinese Investors Still Participate in ICOs Despite Ban
It will take in excess of an administration prohibition on ICOs to keep guarantors away in China. The two speculators and guarantors in the nation have figured out how to bypass the laws that were actualized a year ago by Chinese controllers, as indicated by a report in Caixin Global. Regardless of the way that Read More